A Picture is Worth More Than a Thousand Words
The Internet has changed the way we shop for most things, including homes and the design elements we use in them. Most people begin their home search online and anticipate seeing multiple photographs of each and every listing provided. For many people, in fact, perusing home listing sites and design sites has become a pastime all its own, even when they are not in the market for a new home. When we look at those photographs online, how many of us stop to wonder who took the photo and whether or not the website displaying the photo has the right to do so? To accommodate the desire for potential homebuyers to see as much about a home from their current location, agents, brokers, multiple listing services (“MLS”), and new entities rely heavily on photographs from many sources. While the real estate industry strives to meet this demand, it needs to be aware that using those photographs raises important copyright issues. Read more .
Six legal case studies are covered in this issue. Read more .
Real Estate Disciplines. Among the recent disciplinary actions taken by the Real Estate Division of the Illinois Department of Financial and Professional Regulation (IDFPR): 1) A real estate managing broker license was suspended for six months and fined $10,000 for engaging in auction services without a license and for misrepresentation about the advertised and auctioned items. 2) A real estate managing broker license was suspended for one year, followed by probation for two years for failing to provide documents upon the request of the Department and failing to deposit earnest money in a timely manner. Read more .
March 15 Elections Heating Up
The Illinois Association of REALTORS® is using RVOICE funds to do voter outreach in three municipal referenda on the March 15th Primary Election ballot. Three are Home Rule referenda—in Summit, Westchester and Franklin Park (all in Cook County). In the past, Home Rule units have enacted several ordinances on point-of-sale home inspections, transfer fees and other requirements. In recent years, several home rule units have considered new regulations on rental property, commercial property and vacant property. IAR mail pieces urge voters to consider these possible outcomes when deciding how to vote on making their municipality a home rule unit. In addition to this advocacy, we are supporting REALTOR®-friendly candidates in the March 15th Primary Election. These "independent expenditures" (IEs) will also take the form of direct outreach and persuasion to voters. Read more .
IDFPR No Longer Mailing License Renewal Notices
The Illinois Department of Financial and Professional Regulation (IDFPR) is no longer issuing paper renewal notices and licenses. All renewal and licensing documentation will be done electronically. To ensure that you receive email notifications from IDFPR, make sure that your email address and contact information are up-to-date. Click here for the FAQs .
Protecting Your Business and Your Clients from Cyberfraud
As part of the “Danger Management 1.0” continuing education class at the IAR Conference & Expo, Legal Hotline attorney Betsy Urbance will cover the hot topic of how to avoid, manage or transfer the risks associated with cyber fraud. By 2019, cybercrime is expected to cost businesses an estimated $2 trillion annually. In addition to the IAR Legal Services resources on this topic, the National Association of REALTORS® Legal Affairs Department has a http://www.realtor.org/law-and-ethics/nars-data-security-and-privacy-too...  ">Data Security and Privacy Toolkit.
Vote. Act. Invest.
From city hall to the Illinois statehouse to the U.S. Capitol, our elected officials are making decisions that have a huge impact on the bottom line of REALTORS® and their customers. How can you and your agents get involved? Here are three quick ways Illinois REALTORS® can make a difference this campaign year.
Schedule a Visit from the IAR Member Outreach Team. Looking for a topic for your next office meeting or regional meeting? The IAR Member Outreach team is available to cover the latest legislative issues in play - local, state and national - as well as new laws, forms, RVOICE resources and RPAC. Call 1-800-752-3274 or IARaccess@iar.org .
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Online Only! D.R. Legal News and is published online only in a downloadable PDF format that is e-mailed to all IAR members who are the Designated REALTOR® (or D.R.) for their real estate office. Be sure to watch and open all e-mail from “IAR Communications” or the "Illinois Association of REALTORS."
The D.R. Legal News is e-mailed six times per year (January, March, May, July, September, November) to the Designated REALTOR® member of the Illinois Association of REALTORS®. For reprint permission, contact firstname.lastname@example.org .
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